You can employ a bonus letter template to formally recognize and reward an employee's outstanding performance or the achievement of specific, measurable goals. On behalf of XYZ Team, I request you to award bonus for the entire team since they have worked very hard throughout the COVID-19 pandemic.Learn about 9 of the best employee bonus structures with ShareWillow's comprehensive guide. We've curated 5 sales compensation plan examples best used for sales reps, managers, VPs, SDRs, and even a recruiter.